Power of Attorney
Power of attorney is an authorization to act on someone else’s behalf in a legal or business matter. The person authorizing the other to act is the “principal” or “grantor”, and the one authorized to act is the “agent” or “attorney-in-fact” [AIF]. Under the common law, a power of attorney becomes ineffective if its grantor dies or becomes “incapacitated”, meaning unable to grant such a power, because of physical injury or mental illness.
Many standardized forms are available for various kinds of powers of attorney, and many organizations provide them for their clients, customers, patients, employees, or members. However, if you need to draft a Power of Attorney, it is better to hire a professional lawyer with substantial expertise in Wills & Estates matters. Only then you can be sure that your Power of Attorney is valid and lawful. For help, call our legal team at 888 (60) NYC LAW (866) 99 TRUST and you will be pleased with our thorough personalised service.
